IREN Stock Jumps 16% as AI Cloud Revenue Target Hits $4B
A 2.6x raise to the FY AI cloud revenue target, anchored by $2.8B in fresh contracts, turns the company's GPU pivot into the headline rather than the side bet.
A 2.6x raise to the FY AI cloud revenue target, anchored by $2.8B in fresh contracts, turns the company's GPU pivot into the headline rather than the side bet.
The MicroStrategy chair's intervention lands as a soft-fork debate that started in developer channels gets pulled into a public, ideological fight over protocol stewardship.
The brokerage-backed L2 lands with Alchemy, Chainlink, and LayerZero already wired in, framing the launch as a TradFi bridge rather than a generic EVM clone.
The technical lift is modest, but Cardano's first community-ratified hard fork resets who controls the protocol: ADA holders just voted themselves the steering wheel ahead of the 2026 Leios scaling…
The pair of deals signals that long-duration, investment-grade power contracts are now the binding constraint on AI compute buildouts, with miners monetizing stranded megawatts ahead of hyperscalers.
A 352 MW Beacon Point expansion that doubles a tenant's commitment reframes the bitcoin-miner-to-AI-infrastructure pivot from narrative to contracted backlog, dragging peers up with it.
The three-day ARIA gathering reflects how crypto, AI and DeFi have stopped competing for the same conference calendar and started sharing a single stage.
BIP-110 miner support is stuck at 0.42% since May 1, and Saylor's late entry adds visibility but not hash rate, with exchanges and wallets running out of runway to opt out of forced signaling.
The build pairs Aztec's privacy stack with a local LLM moderator, sketching a shape for compliant anonymous speech that runs entirely through a smart contract.
Phase two shifts the pilot from simulation to real consumer transactions, with Korea's four largest financial groups joining regional lenders to trial tokenized won across commercial rails.
A five-week warning window, then forced withdrawal: the failure puts a spotlight on the part of rollup security that usually stays invisible, namely what happens when the bridge layer itself breaks.
A $30B-plus valuation, a $300M ARR run-rate, and a model that briefly halted new sign-ups reset the question of how far behind China's AI sector really is, with bitcoin trading as the AI capex proxy…
The co-founder frames HIP-3 as proof of concept: a permissionless deployment layer the team built because nothing like it existed, and the next bet follows the same template.
The stake-and-slash model borrows the validator-template pattern from HIP-3 and applies it to a market category Hyperliquid itself frames as larger than spot and perps combined.
The upgrade shifts template approval to existing validators, turning outcome-market deployment into a permissionless primitive rather than a core-team-gated feature.
The two forces roughly cancel for crypto: war-driven Brent is inflationary, while Moonshot's Kimi K3 puts fresh pressure on the chip names Bitcoin has tracked all month.
The attacker rapidly shifted the stolen value from Solana to Ethereum and converted it into ETH, extending the incident across two major ecosystems.
The outage affects an EVM network whose TVL has fallen 99% from its 2022 peak, underscoring the shrinking capital base behind Aurora.
With miner support at 0.86% and the August signaling window weeks away, the Strategy executive chairman is using his pulpit to frame BIP-110 as a threat to Bitcoin's data-carrying status quo.
The Wyoming senator's framing, that decentralization status should dictate regulatory treatment, lands as Washington still hashes out market-structure and stablecoin bills.